EnWave Signs commercial license and equipment service agreement with an unnamed North American Enzyme Company

April 18, 2013 |

In Canada, EnWave announced that it has signed a royalty-bearing commercial license and equipment service agreement with an as yet unnamed North American enzyme producer. Under the terms of the equipment agreement EnWave is committed to supplying two commercial powderREV machines for the production of several dehydrated enzymes used in a number of food related applications. In addition, the licensing agreement provides the licensee with an option to license powderREV for the production of an additional enzyme protein category to support other business development opportunities being developed by its global affiliates. The first machine is expected to be delivered to the Licensee’s facility in September 2013, followed by the second machine in the summer of 2014.

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Category: International

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